Chart of the Day: Firms with deteriorating risk standing hit 21.36% in 2018

Submitted By:  Nathanielle Punay Case Study:  No This represents a visible increase from just 15.13% in 2017. The proportion of firms in Singapore which experienced a decline in risk standing surged to 21.36% in 2018 from 15.13% in the previous year as deepening economic uncertainties continue to weigh in on corporate performance, according to the Singapore Commercial Credit Bureau (SCCB). Correspondingly, the proportion of local firms which saw an improvement in risk standing fell to 16.12% in 2018 from 23.70% in the previous year. read more